The UK is a magnet for luxury tourists but the potential for spend at its upscale fashion stores is being let down by the country’s ‘Stone Age’ method of refunding VAT, experts claim. And Brexit could make it worse.
On Friday, the Ralph Lauren store in boulevard Saint-Germain, Paris, is opening a café for the duration of the Fashion Week only, a concept the US label already tested in Tokyo, Hong Kong and New York.
Thursday was a busy day for Giorgio Armani who staged his latest Emporio show in the morning; opened his radically revamped Armani Caffè; and feted fashion week at an after party in his own personal nightclub in Milan.
LFW's Designer Showrooms may have had less attention than the big runway names, but it continued to do what it always does - shining a spotlight on young and promising labels from the UK and further afield.
Muji will launch as Muji Limited Liability Company in Vietnam with the business’ official establishment planned for August this year. The brand aims to open its first store in Ho Chi Minh City in spring 2020.
Times may still be tough for Laura Ashley but its fashion business powered ahead in H1 with double-digit growth and the spring collection looks like it could deliver more of the same, it said Wednesday.
The fragrance company announced on Tuesday that it has opened its first ever retail location in Lower Manhattan’s Nolita neighbourhood, bringing together the brand’s complete product portfolio under one roof.